Nadiem Makarim, co-founder and CEO of Gojek, Indonesia’s biggest startup, is joining the cabinet of President Joko Widodo.
“We have planned for this possibility and there will be no disruption to our business. We will make an announcement on what this news means for Gojek within the next few days,” a Gojek spokesperson said on Monday.
Gojek president Andre Soelistyo and co-founder Kevin Aluwi will take over leadership of the $10 billion startup, the spokesperson added.
Makarim told reporters outside the presidential palace on Monday that the appointment was an “extraordinary honor,” but declined to say what his specific role would be.
The 35-year-old tech tycoon said he and Widodo talked about how to drive Indonesia’s development by reforming bureaucracy and increasing investment.
It started out as an app where people could order motorcycle rides, and has since expanded into food delivery, on-demand groceries and services, logistics, medicine delivery and more. Users can pay for everything using Gojek’s mobile payments platform.